Use to calculate basic earnings per share

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Reference no: EM131207082

The following information pertains to Tidwell Corp.’s outstanding stock for the year just ended: Common stock, $5 par value: Shares outstanding on January 1 20,000 Shares issued on April 1 in a 2 for 1 stock split 20,000 New shares issued on July 1 for cash 10,000 How many shares should Tidwell use to calculate basic earnings per share?

Reference no: EM131207082

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Use to calculate basic earnings per share : The following information pertains to Tidwell Corp.’s outstanding stock for the year just ended: Common stock, $5 par value: Shares outstanding on January 1 20,000 Shares issued on April 1 in a 2 for 1 stock split 20,000 New shares issued on July 1 f..

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